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Businesses For Sale   >>   Medical and Dental Labs Businesses For Sale

Contracted Medical Diagnostic Facility

Location  New Jersey,United States
Asking Price Range  $250K - $500K
Gross Revenues  $1200000
Net Profit / Cash Flow  $517884
Cash Flow Type  Sellers Discretionary Cash
Seller Finance  No
Year Established  2013
Number of Employees  4 - 5
Inventory  TBD
Relocatable  No
Number of Employees  4 - 5
Real Estate  Leased
Training  Seller will negotiate training
Reason for Sale  Capitalize Wholesale Lab Operations

Description  
In 2013, the CEO of this firm embarked on an innovative idea of bringing a clinical lab service close to the community. He started building labs in physicians' offices, at a cost that was less than outsourcing the procedures. The benefits also include much quicker turnaround time for the medical provider/s as well as the patient. As of May, 2014, he has already constructed 6 labs and another substantial lab is under construction. Projected gross income for all POLs are $5,420,571, $10,841,141 and $16,261,141 and projected profits for doctors are $3,083,006, $6,166,011 and $9,249,017, in 2014 through 2016, respectively. The CEO is responsible for licenses, compliance and testing using a turnkey operations approach.


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